Pre-Crisis Group | ||||
Hypothesized No. of CE(s) | Eigenvalue | Max-Eigen Statistic | 5% Critical Value | Prob.** |
None* | 0.3200 | 67.1729 | 47.8561 | 0.0003 |
At most 1* | 0.2006 | 30.5336 | 29.7971 | 0.0411 |
At most 2 | 0.0603 | 9.2693 | 15.4947 | 0.3411 |
At most 3 | 0.0348 | 3.3637 | 3.8415 | 0.0666 |
Post-Crisis Group | ||||
Hypothesized No. of CE(s) | Eigenvalue | Max-Eigen Statistic | 5% Critical Value | Prob.** |
None* | 0.6754 | 41.6363 | 27.5843 | 0.0004 |
At most 1* | 0.3716 | 17.1922 | 21.1316 | 0.1631 |
At most 2 | 0.2853 | 12.4284 | 14.2646 | 0.0956 |
At most 3 | 0.2596 | 11.1191 | 3.8415 | 0.0009 |